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, why france thinks that it >>> india's competition for 126 few fighter jets is the biggest such contest in the world. many expected new dehli to pick two. the two planes are among the most advanced fighters in the world. first we'll hear from eric trapie the president of the air force unit. desoe twin engine the successor to the company's fighter barrage made his combat debut over afghanistan in 2007 and is now in action over libya. but is yet to win its first export order. >> i wanted to start by congratulates you on the down selection in india, but ask you how are you going to beat your competitor from india. >> it's a big celebration for everybody. thank you for congratulating us for india, we are happy to be in the final in india but it's only a start. we now have to negotiate about final stage and selection. how we may beat, , we feel that our are accomplish the mission. and different types of weapons which may be accommodate with our aircraft. so really, the choice to select hafal from aircraft carrier was really a good choice which we may see now active in some part of the world.
powerful bombs exploded today in india's financial capital mumbai killing at least 21 people, it was the worst terrorist attack in mumbai since 2008. our coverage begins tonight with chief foreign correspondent richard engel. >> reporter: the bombs were well hidden and coordinated to explode at the height of mumbai's evening rush hour. the first exploded in a renowned jewelry market just before 7:00 p.m. a minute later, a second, more powerful device went off in a crowded business district near a bus station, one bomb was apparently hidden under an umbrella, the other in an electric circuit box. after two back to back explosions, police knew, mumbai was under attack by terrorists. then a third bomb believed to have been in a taxi, exploded downtown. police locked down the city. >> the entire city of mumbai has been put on high alert. i would appeal to the people of mumbai and people all over the country to remain calm and maintain peace. >> reporter: so far, no one has claimed responsibility, but suspicion falls on the same pakistan-based group that attacked mumbai in 2008. t
carry out india's worst militant attack since 2008? big dreams from a tiny island. one of the world's smallest countries hoping for olympic success. hello. it could be another landmark moment in the phone-hacking scandal. we should know very seen whether the media tycoon rupert murdoch has agreed to be questioned by members of british parliament. his son, james, and rebecca brooks have also been invited to appear before the hearing. we can go live to westminster. it feels like we're on the deadline hour for learning whether rupert murdoch is going to say yea or nay to appearing. i don't suppose many are expecting him to say oh, go on then. >> i don't think so. for one thing, the parliamentary committees do not have the same powers as congressional committees and certainly they cannot force foreign citizens like rupert and james murdoch to appear before them. there is even a question mark over whether they can really force rebecca brooks, who of course is a british citizen to appear. if anyone buzz does of the three, it is thought that perhaps she will be the most likely. the lawyers
with these things. this is just the fact of life. india will be in the same position, though my estimate, india's at high-growth rate somewhere around 13 years, you know, behind china in the course of this. i will play one thing that josh feldman and i were talking about the totally new thought that comes posted the book. that i have start to think about it is based upon, on the basis of conversations in asia recently. so let me say it in two ways. first of all it's pretty clear those of you who know industrial organization, you know that we measure concentration and industry it's a kind of way of thinking about how our galapagos take it will be. to share the top two, the share of the top four, the index and a bunch of others. and we know i think it's obvious the global economy is be concentrated because of the smaller entities are growing quickly. why didn't realize until recently his that pattern will reverse in about two years. because of the size of high-growth part of the global economy. i maybe wrong on on the timing but we are going on a 15 year time horizon be in a position in which the
triple bombing in india. at least 20 people are dead and more than 100 hurt in explosions that rocked three busy areas of india's financial capital minutes apart. the sound was absolutely deafening, and he feared the panic would cause a stampede. the home minister is appealing for calm in a city that still bears the scars from a deadly rampage in 2008. we're on the phone with mallika kapur. tell us what happened there? >> reporter: i am in an area called opera house, and this is where one of the explosions took place. i am standing here at this moment. it's normally a very, very crowded area in mumbai, and also the jewelry district, and it's popularly known as the diamond district. it's made up as narrow lanes and alley ways, and usually very, very crowded. especially at rush hour. and at the scene right now, there are lots of police personnel over here, and lots of journalis journalists, and curious on lookers. the police are trying to clear the area and get everybody away. we have seen shattered glass on the ground. and the police have covered some cars at the moment, an
to hospitals. we know in the last few minutes, india's highest security force, the nfg, which is the national security guard, that they have been deployed and they will be reaching the sites of the explosions as well. we have learned recently that improvised explosive devices were used in all three explos n explosio explosions. one of the explosions went off on a car, one on a motorbike, and a commander team is on their way at the moment. >> do we know who is responsible for these bombings? >> reporter: we do not. we absolutely do not know that at the moment, and the government is being very careful at the moment not to say too much. they have not even declared these terrorists attacks as of now. they have jumped on it, we have seen flashes across all the local channels that someone strikes mumbai once again. we have to repeat and make clear that the government has not categorized this as a terrorist attack yet. at the moment, nobody is speculating about who might be behind these attacks. it's still too early, and at the moment they're just focusing on getting people to hospitals, getting pe
you. >>> explosions leave at least 20 dead in mumbai, india. we will have the details right after this. >>> time right now, about half past the hour. let's check out some of the news and other headlines that you may have missed. disaster in mumbai today. at least 20 people were killed and more than 100 others hurt in a series of blasts in india's financial capital. new delhi has been placed on high alert. we just got a statement in from president obama here. i want to read it to you. it says in part i strongly condemn the outrageous attacks in mumbai and my thoughts and prayers are with the wounded and those that lost loved ones. india is a close friend, the president says, and partner of the united states. >>> media mogul, rupert murdoch troubles spread to overseas. eric holder is investigating whether news employees were wrong. >>> and then forcing loughner to take drugs would violate drugs because he has not been convicted of a crime. he has been held in a mental hospital after an earlier court ruling found him incompetent to stand trial. >>> remember when the metrodome collapsed un
morning, zain. you're following a few tragedies this morning. we've got a train crash in india as well. >> yes. i just want to show you this dramatic video, ali. i was looking at this. twisted wreckage. this is the scene in northern india. what happened was the plane basically jumped off the tracks. 46 people were killed. hundreds of people take trains like this in india all the time and there are about a hundred accidents like this a year. ali? >> zain, we'll keep an eye on that. >>> admiral mike mull season in china. what's going on there? >> these are interesting and pretty significant remarks. he gave a speech at the university there, ali, and he said this. china has arrived as a world power. that's a big deal because everyone in the u.s. said china is rising, china is rising, not quite there yet. he's definitively saying, it is. the focus of a lot of his trip is focused the south china sea. why? because of the territorial fight that goes on between china, philippines, brunei shah, taiwan. they all claim a piece of it because it has potentially huge reserves in oil and gas. why doe
dropping his bid to purchase the satellite tv giant in great britain. >>> india's minister confirms the use of deadly sodium nitrate in the blast. the explosions killed at least 7 people and wounded more than 100. it's too early to know who's behind the bombings. it's the worst terror attack in the city since the siege by a pakistani terror group in 2008 that killed 166 people. pakistan condemned yesterday's violence, and representatives from both countries are expected to meet later this month. secretary of state hillary clinton also condemned the bombings and said that she will go ahead with plans to visit india next week. >>> sarah palin is now giving a rough time frame on whether or not she will join the 2012 race. the former alaska governor telling fox news last night she will announce her intentions in late august or early september. this comes after her comments in the latest issue of "newsweek" where she said, quote, "i could win." in a cryptic statement last night, the former vice presidential candidate said she's still thinking. >> you know, i did say in that article that i believ
was killed as well as the train conductor and four passengers. >>> in india today people are searching for survivors after an express train derailed killing 67 people, and many more are still missing tonight. it's not yet known why the train jumped the tracks in northern india, but it appears the driver did apply the emergency brakes. meanwhile, investigators say a second train derailment hundreds of miles to the northeast was caused by a remote controlled bomb. that derailment injured another 100 people. it's not clear at this point if the two derailments are connected. >>> and in russia, at least two people are dead and more than 100 others are missing and feared dead after a tourist boat sank in the volga river in western russia. dozens of children are among the missing tonight. around 80 people have been rescue, mote by another tourist boat that happened to pass by. one says two cargo ships passed by earlier and did not help. 188 people were believed to be on board the 56-year-old boat the "bulgarian" when it sank during a thunderstorm. it was shuttling mostly russian tour is up th
this in india. i worked with the president in india. farmers are using cell phones to text message their sprinklers to turn on and off. and they are becoming a heck of a lot more productive. if they can do it to be more productive and the sectors of the economy that you do not think as facebook users. they are harnessing the power of technology to improve their lives for their own work. i can't crack this code to get mainstream jobs harnessing this. restaurants are finding ways to optimize that extra seat, by harnessing the daily deal, the real file information -- real time information sharing. they are starting to see this in main street but we need to do more. >> i want to read-focus on the question asked. it's one of the key things we have tried to explore, which is how can we share the benefits of growth extensively? how can we have extensive g rowth? what we have is not just the stagnation of wages. we have a winner take all of society as the people that are able to compete on around the world in an information society have prospered in this country and others have not . i do
you've got these no longer emerge ing countries, china and india, brazil. america's status as the sole super power is in real peril, isn't it? >> it is. the world has changed a lot in that regard, and i think in some ways it feels like we're at that pivot of empire moment when the arc is a little downward. there's a sort of dislocation and apprehension about that that is one of the things being manifested in washington with all this bickering and all this gridlock. if there was ever a time to come together, this is it. i think our group demonstrated that you can have a principled compromise, one that does cut spending and reform entitlements. and, yes, reform the tax code to put our country in a stronger competitive position and that people on opposite sides of the aisle can actually come together for the good of the country. >> nor senator coburn, we've seen a pretty special relationship developing between president obama and speaker boehner. would you say it's love on the golf course? where are we going here? >> i'm a good friend of the president's. we have almost 100% disagreement o
're following a developing story out of india this afternoon, where a series of bombings has killed dozens of people in mumbai. three separate bombs exploded in business districts across the city during the evening rush hour. at least 21 people were killed. another 100 were wounded. authorities say the blast happened almost simultaneously, suggesting a terror group is involved. however, they don't know who is behind these attacks. >>> police in prince george's county are searching for a suspect involved in a murder in the hyattsville area. the man's body was found in an industrial park in the 2300 block of 51st place, just before 6:00 this morning. police say he was murdered, but investigators haven't yet determined whether he was shot or stabbed. >> detectives are canvassing the neighborhood, looking to talk to witnesses who may have seen anything. they are reviewing any available videotape. an autopsy should be done this afternoon, and is we are working to identify this person. >> police are asking anyone who has information about that case to contact them. >>> two teenagers remain in cr
. thanks. we're just getting word now, three bombs exploding in the congested area of mumbai. that's india's congressional capitol. they're reporting that at least 15 people were injured there. we're following it now. once again, three bomb blasts in mumbai. at least 15 people reported wounded. we're tracking it for you. >>> rupert murdoch built a media empire on the power of selling a scandal. and today, it's his mighty news corporation that's under siege from london to washington. now a prominent u.s. senator, jay rockefeller, wants to know if u.s. citizens fell victim to sleazy or illegal news gathering as well. he says the victims of the 9/11 attacks are some of the nearly 4,000 people who had their phone tapped. the media giant has lost nearly $7 billion in market value, and the political damage is mounting. today britain's prime minister meets with the family of a murdered little girl. murdoch's newspaper reportedly hacked her cell phone to gain an edge on that story. one target of the alleged phone hacking, actor hugh grant, and he explains why all of us should care here in the u.s.
to ben live from libya later. >>> india police say it is going to take more to pinpoint who is behind the triple bomb blast in mumbai. it killed 18 people. no intelligence is pointing to anything imminent. for now the minister says anything hostile to india is suspect. >>> don't give it another shot. today, the president, congressional leaders have been going back and forth on a debt ceiling increase for about a week now. the deadline is august 2nd. otherwise the u.s. may not be able to pay its bills. so far, little to show but ex as sper rags. eric cantor and then walked out of the talks. we're going to talk to the policy as well as the personality clash in a moment. >>> well, americans have a personal credit score and governments have a debt rating. moodys, one of three debt rating agencies is reviewing the u.s. rating for a possible downgrade. governments with lower ratings, just like people with lower credit scores, pay higher interest rates. >>> a section of a suspension bridge collapses in china. and a tour bus goes down with it. chinese news agencies say one person was killed.
and the united states will agree at some point to reduce agricultural subsidies enough to satisfy china and india to the doha round? >> i think the challenge with doha is not so much america's willingness to consider reductions to support structure and system. i think it's fairly obvious in her physical condition and circumstances that's likely to happen. the problem is there's not a corresponding willingness on the part of china and india to be definite and concrete about how open their markets would be. as we look at a doha round in any trade agreement, we want to make sure it's fair and balanced. we can quantify with great specificity what we're willing to do relative to our support structures and systems. we need the same kind of specificity from china, india, brazil and other countries in terms of how open markets will be to ensure we are getting a fair deal. >> one of the paradoxes of booming u.s. exports is that some of the most feared import dependent nations are the ones that have the greatest amount of food security and the most dependent on food prices seminar price spikes in more deve
whether you are in africa, china, india, or others. the bigger picture here is a combination of dealing with the substantive challenges that the u.s. and europe places, but also a sense about what role they will play in shaping this future international system that has some incredible opportunities. what does not have to look at doom and gloom in this. africa is going on average about 5% for a decade. there are lots of opportunities there. private capital is going there. china has gone 9.9% in 30 years. there are great opportunities, but there -- but they have to be seized. we got to figure out how developed and emerging markets work together in a different way than they did in the past. >> bob, another news item that is getting a lot of justified attention is the food crisis in eastern africa where 11 million people are at risk in the current drought. i know the world bank is taking immediate action in the crisis. what can be done to address the longer-term food problem in developing countries? >> well, again, there is the danger an opportunity with this. the opportunity is that if we
india, not us. now we are talking about a recession. this is the first time it's been on the table. this is a recession caused by government. it is not caused by businesspeople. they want to build, they want to lend, they want to do anything possible to avoid this recession. the second half, we will be in recession if this is not resolved. recession means many fewer jobs, means far few taxes received, trillions dollars lost, i.r.a. and 401(k), trillions lost in job creation. i'm hearing about little amounts being saved here versus what will be lost in the next six months if this is not resolved. >> congressman, you've talked about something that is fundamental to this impasse, and i want to show it on the screen, because some polling indicates what americans oppose and what they support. this is what americans are for, if you look at the numbers. balanced budget amendment, which you supported. 74% of respondents. the cut, cap and balance amendment, with the spending caps and the like. but they're also for cuts and tax increases, that balanced approach. but here's what they're oppos
in india. a huge story there. in spain shall the injuries are filing up on this day four of the running of the bulls. as we go around the world in 80 seconds. india, an express train derailed, killing at least 31 people and injuring more than 100 others. rescue workers dragging victims from the wreckage. officials say caused the crash, yet it be determined. colombia, a series of attacks by the revolutionary armed forces of colombia and also known as bars, killing one police officer and injuring 11 others and hitting two southeastern cities with bombs and opening fire on one small town. president santos saying the attacks, quote, show the cruelty and desperation. china, rescue crews saving two workers from a collapsed coal mine in a southern region. the workers brought to the surface using a mining car after being buried 100 feet underground and media reporting ma reporting others have died. the day four of the palm lone -- pm palm plona running of the bulls. this was clocked in two and a half minutes and the renowned festival dates back to the 13th century. that's a wrap on this fox tri
in some areas. but about what it davis was, we had these incredible storms that hit india in our eastern shoreline. we had up to 800 strokes every 10 minutes from evanston thomas shot the stormy lake pictures amazing cumulus clouds. going through waukegan north harbor is captured by cafe. it looks like a real item. and would get this shot from jessica and steve. this is kind of money shot, this is the thunderstorm as it looked to national weather service with 75 mi. per hour winds. you can see the hill shaft it towered to 50,000 ft. and it was responsible for a fatality. look at these clubs, there is something serve real about this today but this is the project of turbulence and you can see the outgoing wins of turbulence coming back, but look at the waves that these 60 mi. per hour wind gust produced. they pushed the 90 degree heat away from the city and spare us what was an impressively high day in many parts of the midwest these storms would not have formed if it were not for this intense dome of a year. the next batch already forming and they have done damage in parts of minnesota,
in mumbai, india. those numbers could go higher. please say all of the explosions occurred in crowded places as people were leaving work. india's home minister has just said the blasts were a coordinated attack guy terrorists. if that's confirmed. it will be the first terrorist attack on mumbai in 2008 when 166,000 people were killed. it it developing news in afghanistan. five french soldiers were killed in it that country. >>> :47. well, 7847. we've told you this before -- well, it's 8:47. 48-year-old catherine -- becker is accused of drugging and mutilating her husband. when police arrived at the condo yesterday afternoon police found becker's husband tied to the bed. they say she drugged her husband and caused him to pass out. >> and when he woke he felt that -- that he was already tied to the bed and his 2005 was over the top of him getting ready to cut off his jen tail it ya. and -- genitalia. it. >> now, she's accused of cutting off his genitalias and cut putting them it from the garbage disposal. she called 911 and tome police her husband deserved it. according to court documents, he
that india's largest city is still vulnerable. caroline hawley, bbc news. >>> the president and congressional negotiators return to the debt negotiations table today after yesterday's meeting ended in confrontation. those in the meeting said that president obama announced enough is enough, we have to be willing to compromise, before walking out of the room. the moody's rating service is threatening to downgrade the nation's credit rating because of this crisis. >> both sides really locking horns. >>> new light is being shed on the problem of american kids and obesity. and two harvard doctors are weighing in. >> what they're saying about overweight children has just about everybody taking sides on this. abc's lana zach explans the controversy. >> reporter: thanks, peggy and daniel. it's really a radical idea and it's intended to get people talking about childhood obesity. in "the journal of the american medical association," two highly respected experts in the field are weighing in with this provocative question. should extremely obese children be pull friday their parents' home in order to sa
to karzai. >>> the city of mumbai india, on high alert after coordinated terror attacks last night three bombs exploded within minutes of each other leaving at least 17 people dead more than 130 injured the worst terrorist attack in india since the siege in 2008 that killed 166 people there was no intelligence warning of a possible attack. >>> news corp. chairman rupert murdoch is being summoned to testify he and his son james received an official summons, it is unclear whether they can be forced to show up the former editor of news of the world rebecca brooks agreed to go before the committee next week news corp. is the parent company of fox 5. >>> 7:26 a.m. on this thursday morning debt talks at the white house get heated as the president tells republicans enough is enough. a closer look at the nations debt crisis and incite when fox 5 morning news continues. >>> as we take you to break, a live lookout side we have the latest weather and traffic from tony and julie up next it is 7:26 a.m. right now >>> 7:30 a.m. a guy in austria, a little tough to se
scene in india. 67 people are dead. 100 more hurt after a train derailment in the northern part of that country. early reports say the train driver may have slammed on the brakes when he saw cattle sitting on the tracks. >>> the headline reads thank you and good-bye. england's "news of the world" newspaper printed its final issue sunday after 168 years in business. it was brought down after it was revealed reporters had hacked into the voice mail accounts of murder victims dead soldiers. >>> a 16-year-old boy is being credited with saving the lives of his neighbors. he snapped into action when a fire broke out at his apartment complex. >> lindsey mastis met up with him to talk to this young hero. >> when firefighters got here, they were relieved to see everyone inside this 12 family apartment was out. it is unusual because the fire started around 3:00 a.m. when people were sound asleep. that was the time 16-year-old brandon presley was getting home from the movies. >> i went in the building. i pulled the fire alarm. i started banging on everybody's doors saying wake up. >> he wo
of venezuela. raul castro is now president and trying to seek out investment from china, india and brazil. but structurally not much has changed in cuba since 1991. the island nation is still run on socialist principles that have produced shortages, black markets and mass poverty. imagine what happens to cuba without venezuela's support and imagine what happens in venezuela if its people begin asking questions about why they suffer one of the world's highest rates of inflation, a contracting economy, one of the worst crime rates despite having more oil than any other nation in the world. one day these two countries will look around, see that latin america is leaving them behind and face the future: remember these scenes of the two amigos. they might turn out to represent the last hurrah of a dieing world. and we'll be right back. >>> i've known to a greater or lesser degree i think seven presidents. and i don't think i could sleep at night if i knew what they know and had all of that on my shoulders. it's different. we have access to great specialists, and our pediatrician gets all the in
in india after a massive treasure discovery. jewel-encrusted solid gold statues, crowns, necklaces and coins, all worth at least, get this, $22 billion, have now been uncovered in the hindu temple near the country's southern coast. the temple had only been lightly guarded up until now. inspectors made the discovery after the government was asked to take over the temple. every year, devout hindus donate cash, gold and silver toward the temples. >>> miss brazil says someone robbed her at gunpoint right in front of her home. deborah lira says a well-dressed man with a gun walked up to her as she pulled to her condo yesterday. he took her purse which had her cell phones and credit cards. she says he even took the car, which she won when she won the pageant in 2010. she tweeted, quote, for how long will these criminals keep doing this? i was just robbed at the entrance to my house. she passes her title to the new miss brazil later this month. >>> still ahead at 4:00, what y? >>> exxonmobil is under fire once again following a major oil spill in montana's yellowstone river over the weeke
frankicly for help. >>> in india, at least 60 people were killed and nearly 200 injured when a train jumped it's track in udal cradish. the train was traveling at 60 miles per hour when it was derailed. no word on what caused the incident. >>> and in china today two minors were pulled out alive from a cave in a coal mine. they've been trapped there for eight days, the men were found in a ventilation slush partially filled with slush about a thousand feet in the ground. they said they actually survived by drinking water that seeped down from the shaft. the mine collapsed back on may 2. >>> weapons coming from iran are a tremendous concern, u.s. officials say iran supplied shiite militias with power guns. yesterday panetta was in afghanistan, there he said al- qaidas defeat is quote within reach. >>> the british tabloid news of the world printed its final edition today. the publication said thank you and goodbye to its readers this morning. the papers abrupt end comes after allegations that it's journalists paid police for information and hacked into cell phone messages of a young murder vic
. >>> in north india a packed train derailed. are you looking at video of survivors trying to escape. it was going to the mountains when 12 coaches and the engine jumped the tracks. at least 31 were killed and more than a hundred hurt. a second train derailed hours later in the northern part of the country and about a hundred. >>> and a breakthrough in china where two coal miners above ground a week after being trapped. the miners were found in a ventilation shaft. the rescued miners are in the hospital being monitored. 16 others are still missing from the july 2nd collapse. >> the final witness took the stand today in the civil trial against the government of israel for the death of an american activist. rachel corey was run over by a bulldozer along the gaza border. the 23-year-old was protesting israel's policy of demolishing homes belonging to palestine fighters. a retired colonel said the bulldozer driver couldn't see her because she was behind a pile of rubble. her parents brought the suit. >>> news of the world printed its last paper. a headline of thank you and good-bye gre
india. the death toll is up to 67. workers are using blow torches to cut through the train cars. the train jumped the tracks after the driver slammed on the brakes whether he reportedly saw cattle sitting on the tracks. >>> in russia, hope is fading for nearly 100 people missing after a cruise ship sank yesterday. many of those missing are children. nine are confirmed dead. 80 were rescued. the search continues for the others. it's not clear how many were on the ship. it was not supposed to carry more than 120 but it had more than 185 aboard. >>> inside of worsening relations with pakistan. the united states is with holding $800 million in aid to the army. it comes after pakistan expelled american military trainers. tensions between pakistan and the u.s. have steadily deteriorated since the killing of osama bin laden in early may. >>> rupert murdoch is in london for damage control in the phone hacking scandal. the news corp. scandal chairman could be seen reading the paper. journalists are accused of hacking into voicemail accounts of murder victims and families of dead soldiers
attached to them. >> right. >>> also, coming up this morning the worst terror attack in india's biggest city in years. we're talking about investigators in mumbai. they say three coordinated bombings took place at the height of last night's rush hour. you see folks there scrambling to get help as this affected a lot of people. many dead and many injured. >> investigators still trying to figure out who was responsible for that horrific attack. >>> later this half hour, the sunday funnies. like you've never seen them before. in fact, this book right here, we'll get a history lesson on how your favorite comics have evolved over the years. lifting this is no laughing matter. >> no, it feels like i've gone to the gym here. it's about like 50 pounds. it's a huge book. >> a tome. >> they're saying comics could be kind of a dying breed. because papers are going by the wayside because they're very expensive and losing money. comics could be the next thing. no more "family circle." no more "doonesbury." >> what will we do without "calvin and hobbes"? >> i love "calvin and hobbes." >>> but first,
train crash in india. at least 67 people were killed and more than 100 hurt. many more bodies are believed to be trapped under the twisted wreckage. the 12 passenger cars derailed in northern india. no official word on a cause but reports say the driver may have slammed on the train's emergency brakes to avoid hitting cattle on the tracks. >> a deadly roller coaster ride may lead to new legislation over theme park safety. investigators are looking at why an iraq war vet who lost both of his legs to a roadside bomb was allowed on a 200 foot ride that led to his death. sergeant james hackermer was thrown from the ride of steel at the darren lakes theme park in new york. now one lawmaker is introducing legislation for more federal authority over theme park safety. there were no rules saying that people who did not have legs could ride that ride. but his family is not blaming the park. >> horrible. under arrest for allegedly trashing the theater where late night host david letterman tapes his show. look at the damage this idiot did to the ed sullivan theater in new york. glass do
itself is basically a troublesome prospect, whether you are in africa or china or india or others. so the bigger picture is a combination of dealing with the substantive challenges that the u.s. and europe and japan face, but also a sense about what role they would play in shaping this future international system that does, as everybody here working on development knows, have some incredible opportunities. one does not have to look at gloom and doom in this. africa has grown an average of about 5% for a decade. there's lots of opportunities there. we have private capital growing. china has grown 9.9%. it depends how you look at the world, but there are great opportunities, but they have to be seized, and we have to figure out how developed and emerging markets were together in a different way than they did in the past. bob, another news item getting a lot of justified attention is the food crisis in eastern africa, where 11 million people are at some risk in the current drought. this is everything from research on seats, including different conditions of climate change and drought and
enough. it's one that has a lot of acceptance in a lot of the world which china, india, brazil, and south africa accept make it work. >> rose: in your opinion china, >> >> yes. >> rose: you came away with what sense of their ambition? >> well, this is clearly a country with an enormous national will to... >> rose: solve internal problems? >> to develop, to become wealthy and powerful and to overcome what they see as a century and a half of national humiliation at the hands of the west. that's a huge drive. how it does that i think this is a country which sees many options and could go several different ways. i mean, the one thing almost everyone you speak in china agrees on the it's not going to have the same system in 20 year's time that it has today. whereas in the united states you think you have basically the same system that you've had for a few centuries and more. >> i think ai wei wei had said this. that you do not expect reform to comele from the generation that's now takingower that replaces hu jintao and wen jiabao but you expect genuine reform to come from the next generation,
in the world because you've got these rising powers, china, india, brazil, but we don't -- >> but we don't -- what they antarctica late, what we don't yet know is what they stand for. what is their big idea. what are these now powers going to bring to the world. so everybody is still lookinto america for the leadership and ashomas sa america is still the tent pole but europeans and everyone, i think, are asking can where is u.s. headed it cannot gone with these levels of deficits and debt. mething has to be done but the one thing president obama has not articulated is some broad vision for the united states to compete in the world. energy is one very obvious area tha tom writes a lot about. i was recently in copenhagen, in copenhagen they are now heeding the entire city this winter, last winter by burning their own gar badge. there are dramatic changes going on. why is green technolog being lead by scandinavia, by asia. and that vision is just lacking. >> let me open that up with everybody. the idea of obama leadership, i mean as did has said is not acted boldly where he might have want
as opped to fundamentals. the emerging markets, developing markets, gynea-- china, brazil, india all have better growth prospects in terms of a rather underdeveloped consumer sector and the ability to grow from that standpoint versus the developed markets. in addition they have trillions of dollars worth of reserves whereas the developed countries are in hawk to those nations so from those standpoints the developing countries are in much better shape going forward over the next five to ten years as opposed to the developed. >> gillian? >> onef the most interesting things that moodies said this week when it gave warning that it might downgrade the u.s. debt fm aaa was that it was leaving the ratings of companies, large american companies unchanged. and essentially the underlying, somethg you are already seeing in market prices where in the markets right now the risk attacks to sereign debt is actually higher than some of the big, solid american companies or similar patent in europe as well. and that's very unusual. but essentially what moodies was saying and what you are seeing in the mark
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